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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

At our mid-year offsite our partnership at Upfront Ventures was discussing what the future of venture capital and the startup ecosystem looked like. Pitchbook estimates that there is about $290 billion of VC “overhang” (money waiting to be deployed into tech startups) in the US alone and that’s up more than 4x in just the past decade.

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A close look at Singapore’s thriving startup ecosystem

TechCrunch

In addition, Toni works on several digital-economy-related initiatives that support the scaling of digital businesses, stimulate startup ecosystems and accelerate the digital transformation of key industries in Africa, Asia, the Caribbean and the Middle East. A glimpse into Singapore’s current startup ecosystem.

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What minority founders must consider before entering the venture-backed startup ecosystem

TechCrunch

But most venture-backed startups are “still overwhelmingly white, male, Ivy-League-educated and based in Silicon Valley,” according to a study conducted by RateMyInvestor and Diversity VC. Or will we have to repeat the same conversations about representation failings within VC funds?

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New Zealand’s startup ecosystem poised to grow more ‘tall poppies’

TechCrunch

In 2020, VC investments totaled NZD $127.2 USD $76 million) in 2019, due to a near doubling of transactions from 46 in 2019 to 92 in 2020. According to Crunchbase, money raised by New Zealand startups increased 30%, from around $1 billion to $1.3 or Australian) VCs or the government.

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Israel’s startup ecosystem powers ahead, amid a year of change

TechCrunch

At the start of 2020, Israeli startups and technology companies were looking back on a good 2019. Over the last decade, startup funding for Israeli entrepreneurs increased by 400%. In 2019 there was a 30% increase in startup funding and a 102% increase in M&A activity. And in 2019, Bay Area investors put $1.4

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Kenya’s Pariti raises $2.85M led by Harlem Capital to develop startup ecosystems in emerging markets

TechCrunch

Pariti , the Kenya-based community-led marketplace building the digital infrastructure for startup ecosystems in emerging markets, has raised $2.85 Pariti was founded by Yacob Berhane and Wossen Ayele in 2019. million seed, the company confirmed to TechCrunch today. The round was led by U.S.-based based Harlem Capital.

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Superbank and Genesis Join Forces to Inject $40 Million into Indonesian Startups

AsiaTechDaily

Jeremy Loh, Co-founder and Managing Partner of Genesis Alternative Ventures highlighted a concerning trend of dwindling venture capital (VC) funding for Asian startups. He stated that VC funding experienced a substantial decline of 60% in Q3 2022 compared to the previous year’s corresponding period.